Mahindra Satyam gets interim relief from Andhra Pradesh HC

Satyam Computer Services has informed that the Hon’ble High Court of Andhra Pradesh has stayed the provisional attachment order dated October 18, 2012 passed by the Joint Director, Directorate of Enforcement, Hyderabad attaching the Fixed Deposit accounts

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Mahindra Satyam gets interim relief from Andhra Pradesh HC

Satyam Computer Services has informed that the Hon’ble High Court of Andhra Pradesh has stayed the provisional attachment order dated October 18, 2012 passed by the Joint Director, Directorate of Enforcement, Hyderabad attaching the Fixed Deposit accounts

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Satyam Computer Services Ltd has informed BSE that the Honâ€™ble High Court of Andhra Pradesh has stayed the provisional attachment order dated October 18, 2012 passed by the Joint Director, Directorate of Enforcement, Hyderabad attaching the Fixed Deposit accounts for an amount of Rs.822 Crores and admitted the writ petition filed by the Company.Source : BSE